In the last trading session, 1.52 million Quantum Corp (NASDAQ:QMCO) shares changed hands as the company’s beta touched 2.79. With the company’s per share price at $10.63 changed hands at $0.28 or 2.71% during last session, the market valuation stood at $69.38M. QMCO’s last price was a discount, traded about -752.68% off its 52-week high of $90.64. The share price had its 52-week low at $2.22, which suggests the last value was 79.12% up since then.
Analysts gave the Quantum Corp (QMCO) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended QMCO as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Quantum Corp’s EPS for the current quarter is expected to be -1.17.
Quantum Corp (NASDAQ:QMCO) trade information
Instantly QMCO was in green as seen at the end of in last trading. With action -10.45%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -80.29%, with the 5-day performance at -10.45% in the red. However, in the 30-day time frame, Quantum Corp (NASDAQ:QMCO) is -2.21% down.
The consensus price target for the stock as assigned by Wall Street analysts is 7.5, meaning bulls need a downside of -41.73% from its current market value. According to analyst projections, QMCO’s forecast low is 7.5 with 7.5 as the target high. To hit the forecast high, the stock’s price needs a 29.44% surge from its current level, while the stock would need to tank 29.44% for it to hit the projected low.
Quantum Corp (QMCO) estimates and forecasts
Year-over-year growth is forecast to reach -10.08% down from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 65.85M. 2 analysts are of the opinion that Quantum Corp’s revenue for the current quarter will be 70.07M. The estimates for the next quarter sales put growth at -1.79%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 18.45%. The 2025 estimates are for Quantum Corp earnings to increase by 10.86%.
QMCO Dividends
Quantum Corp is expected to release its next quarterly earnings report in July.
ALLIANZ ASSET MANAGEMENT GMBH holds the second largest percentage of outstanding shares, with 10.692% or 10.25 million shares worth $4.19 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . With 166.09 shares estimated at $1.77 million under it, the former controlled 2.39% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held about 1.25% of the shares, roughly 86.88 shares worth around $0.92 million.
